Dennis Hunter allegedly used the drug proceeds for various repairs and improvements at one of his homes, and attempted to disguise his illegal profits by converting cash into money orders, which he then deposited into various bank accounts under his control.
Dennis Hunter remains in custody. Sivan Hunter has been released on her own recognizance.
Conspiracy to distribute marijuana is a crime punishable by up to by at least 10 years and up to a lifetime of imprisonment years in prison and money laundering carries a maximum sentence of 20 years imprisonment.
“The laundering of illegal drug profits is as important and essential to drug traffickers as the very distribution of their illegal drugs. Without these ill-gotten gains, the traffickers could not finance their organization,” said Kathy A. Enstrom, Special Agent in Charge, IRS Criminal Investigation, Cincinnati Field Office. “IRS Criminal Investigation is committed to taking the profit away from the drug traffickers and putting those individuals in jail.”
Carter M. Stewart, United States Attorney for the Southern District of Ohio, Joseph P. Reagan, Special Agent in Charge, Drug Enforcement Administration (DEA) and Kathy A. Enstrom, Special Agent in Charge, Internal Revenue Service (IRS), Criminal Investigation, Cincinnati Field Office, announced the indictment that was unsealed yesterday.